On tonight’s MAD MONEY on CNBC the way to make money off MARCH MADNESS is off those who watch TV at work, and that is the Akamai Tech (AKAM-NASDAQ). He said that MARCH MADNESS ON-DEMAND is the streaming video on the games and Akamai is the one that makes this possible because of optimizing online streaming video. Cramer has been positive on this one before. It fell from $57.00 down to $50.00+ in the recent sell-off and Cramer said he is actually offended at the price. He said he has been positive on this for 2-years since he started the show. Cramer thinks this is a big discount that you can clean up on. Just a month ago the numbers were good and the guidance was raised for 2007 by a mile on revenues for the year.
Jon C. Ogg
March 9, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.